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Building consumer confidence

Last Sept. 9, I was interviewed about the state of the economy and how MSMEs can recover from the crisis......»»

Category: newsSource: philstar philstarSep 16th, 2020

BSP: Business, consumer sentiments gloomy in Q3

The Bangko Sentral ng Pilipinas (BSP) said on Thursday it found the business outlook and consumer sentiment in the country in the third quarter to be pessimistic. Results of the central bank’s latest Business Expectations Survey (BES) put the July-to-September confidence index (CI) — computed as the percentage of companies that answered in the affirmative […].....»»

Category: newsSource:  manilatimes_netRelated NewsSep 26th, 2020

Pandemic smashes consumer, business confidence in third quarter

Consumer confidence sank to historic low in the third quarter while business sentiment likewise took a heavy beating......»»

Category: financeSource:  philstarRelated NewsSep 24th, 2020

Auto sales decreased 39.5% to 17,906 units in August

Automotive sales fell 39.5 percent in August to 17,906 units from 29,599 units a year ago amid weak consumer confidence, two industry groups said Monday......»»

Category: financeSource:  thestandardRelated NewsSep 15th, 2020

Aljun Melecio s never-ending quest to prove he belongs

Aljun Melecio has these hardware sitting pretty on his trophy case: UAAP 78 Jrs. MVP, UAAP 79 Rookie of the Year, UAAP 79 champion. Now heading into his fifth and final year in De La Salle University, he remains recognized as one of the best point guards in all of college. Well, recognized by just about everybody except himself. Asked if he feels worthy to stand alongside the likes of NCAA 95 Finals MVP Fran Yu or UAAP 82 Rookie of the Year Mark Nonoy, he answered, modest as always, "Nope. I don't. Wala pa akong napapatunayan." Yes, the 5-foot-8 super scorer who was then head coach Aldin Ayo's "most-wanted recruit" feels he is yet to prove himself. Yes, the primetime playmaker who was once comforted by Tab Baldwin after the Green Archers had lost the championship despite his 16 points in Game 3 of the Finals feels he is yet to prove himself. That in itself is not necessarily surprising, though. And that's because all throughout his young career, Melecio has felt, again and again, that he has to prove himself. He had to prove himself even to La Salle, his home of nine years now. "Actually, 'di naman ako ni-recruit ng Zobel dati," he shared. "To be honest, my mindset at that time ay mag-Team B lang sa Zobel para pag may games, mas magagamit ako. Kaysa naman mag-Team A ako and nakaupo lang sa bench." BREAK IN Aljun Melecio, now a graduating guard, is La Salle's most recent homegrown product. Of the Green Archers' probable UAAP 83 roster, the now-22-year-old is the lone player to have come from the Taft-based school's Jrs. programs - and mind you, they have two in La Salle Zobel and La Salle Green Hills. In DLSZ, Melecio was a scoring dynamo who once dropped 42 points on archrival Ateneo de Manila High School. Did you know, though, that he wasn't even supposed to wear the green and white? "I was supposed to transfer sa UST nung high school," he recalled. "Pero napag-usapan naming family na since si kuya, nasa Zobel na nung time na yun, mas okay sigurong Zobel na lang din ako para magkasama kami." Aljun was referring to older brother Aleck who was also his teammate for three years with the Jr. Archers. If not for Aleck, however, Aljun would have suited up for University of Sto. Tomas High School where good friend Renzo Subido had already committed to play for college. After all, it was Subido, and dad Henry, who had convinced the Melecios to move to Manila from Bukidnon. "The reason talaga why we took the risk to come here was because of Coach Henry," Aljun shared, looking back at the time when all of them were repping Lourdes School of Mandaluyong. "They invited us to play basketball in Manila kaya malaki ang utang na loob namin sa Subido family." While Coach Henry and Renzo have been always there to lend a helping hand, that did not necessarily make the transition any easier - especially for a 10-year-old kid who was born and bred in Valencia City. "Grabe yung sacrifice na ginawa namin just for me to have more opportunities in life. That was a big adjustment not just for me, but also for my parents," Melecio said. He then continued, "Dumating yung time na ayoko nang bumalik sa Manila kasi na-homesick ako. Looking back now, normal lang naman siguro yun, lalong-lalo na bata pa ako." BREAKTHROUGH Make no mistake about it, looking back now, Aljun Melecio has no regrets. As he put it, "It was all worth it." Of course, he also had lady luck smile on him somewhat as, yet again following the footsteps of Subido, he transferred from Lourdes to DLSZ. And there, he found yet another mentor willing to believe in him. "Sina Coach Boris [Aldeguer], pagdating ko sa Zobel, they invited me to join yung practice ng Team A. Nagulat ako na kaya ko naman pala so doon na nag-start yung confidence ko," he said. Indeed, Melecio did not let Coach Boris down as in his first year, he proved to be a building block in their rebuild. While the boys from Alabang eventually ended outside the playoff picture, he had made more than enough noise to get the attention of the Philippine national youth team. There, DLSZ's top gun got his first taste of wearing the flag as part of the Batang Gilas training pool. "Masayang-masaya ako nun na makasama sa practice team dahil dream ko talaga maging part nun," he narrated. "May jersey lang and makasali lang ako sa practice, masayang-masaya ako." There, Melecio showcased his skills alongside other promising prospects such as Nieto twins Mike and Matt as well as Jolo Mendoza of Ateneo, Renzo Navarro of San Sebastian College-Recoletos, and Jollo Go of Hope Christian High School. And there, yet again, he knew full well he had to prove himself. During training itself, the new kid on the block believed he was doing so. At the same time, however, he had to come face-to-face with another beast altogether - how to get to practice in the first place. As it turned out, the then-13-year-old had to commute from south to north each and every time he participated in Batang Gilas training. How did his trips go? "From Alabang, mag-tricycle ako to [Alabang] Town [Center] then jeep going to Starmall [Alabang]. After nun, bus to Magallanes, MRT, then LRT, tapos jeep ulit," he shared. He then continued, "So papunta pa lang to Moro, pagod na ako. Then after practice, mag-commute na naman pauwi." Fortunately for him, there were also kind hearts like the Nieto twins who took him to the LRT station in Katipunan or Evan Nelle whom he rode with going back south. Still, around 33km and about an hour separated DLSZ in the south and Ateneo's Moro Lorenzo Sports Center in the north - indeed, that was some sort of workout already. BREAKDOWN In the long run, that was, unfortunately, much too much for young Aljun Melecio. While wearing the flag would have meant much, he also felt circumstances, such as that hell of a commute that cost him PHP 200 for a one-way trip, held him back from giving his all. Instead, Melecio felt he could do much more if he just rechanneled his energy to DLSZ. "After ilang weeks na ginagawa ko yung routine na yun, I started asking myself kung paano maayos yung priorities ko. Pinakiramdaman ko kung saan ako mag-iimprove so I talked to Coach Boris," he said. He the continued, "And I decided na mag-all in sa Zobel." All in for the Jr. Archers, he did, and boy, did it prove to be the right call. He was just getting started in UAAP 76, slowly but surely getting a grasp of both his capabilities and confidence as he helped the green and white barge back into the Final Four. Then in Season 77, it all clicked as he shot the green and white to the second rung of the stepladder all while putting up per game counts of 16.6 points, 6.2 rebounds, 4.1 assists, and 2.3 steals. Without a doubt, he willed his way into the Mythical Team that included the Nieto twins, his batchmates in Batang Gilas. The following year, with averages of 22.7 points, 7.1 rebounds, 3.3 assists, and 2.3 steals, he carried DLSZ all the way to the Finals where they stole one game from eventual champion Nazareth School of National University. And oh, he was the unanimous MVP of Season 78, besting the likes of future Gilas Pilipinas pool members Justine Baltazar and Gomez de Liano brothers Javi and Juan. Even then, though, he wouldn't call himself the best of the best. "I didn't think na I belonged kasi never kong gustong isipin na ganun ako," he said. He then continued, "Ang alam ko lang, I worked extra hard, I had extra motivation to play. Thankfully, coach Boris supported my decision and dahil dun, na-boost yung confidence ko." BREAK FREE From there, Aljun Melecio did nothing but go onto greater and greater heights in La Salle's Srs. squad. Never tell him he has accomplished anything, though, as he would be the first to tell you that you're wrong. Up until now, he feels that he is yet to prove himself. He hopes to prove that he has what it takes to be behind the wheel for the Green Archers' new era. He hopes to prove that he could bounce back following the worst statistical season for him. And he hopes to prove that he has every right to be mentioned in the same breath as his one-time teammates in the Batang Gilas pool and his batchmates who are now part of the Gilas Pilipinas pool. "Lahat naman, ginagawa kong motivation," he said. "May it be positive or negative, we all have our timing so I'm just being patient para sa kung anuman ang ibibigay na chance sa akin." If and when that next shot at wearing the flag comes along, Melecio only vows to do what he has never stopped doing. Asked about getting a golden opportunity at the Gilas pool, he answered, "That's still a dream for me. I know I still have a lot to prove." He then continued, "But I will give my all if given the chance to represent. I always do." If and when that time comes, there would be no more 33km distance, one-hour travel time, or PHP 200 cost. Still, Aljun Melecio would work just as hard - if not more - as he did when he once had to commute south to north just to get to practice. Don't forget, proving himself is already second nature to him. --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsAug 29th, 2020

WTTC issues guidelines on travel insurance

The World Travel and Tourism Council has released new normal guidelines for travel insurance aimed at rebuilding consumer confidence......»»

Category: financeSource:  philstarRelated NewsAug 1st, 2020

Fair and square

Before the COVID-19 lockdowns, the Department of Energy (DoE) was expecting a very tight power supply situation in 2020. Concurring with this projection, just this January, the Independent Electricity Market Operator of the Philippines Inc. (IEMOP), operator of the Wholesale Electricity Spot Market (WESM), expected rising prices because of the increasing consumer demand, worsened by delays in the building of new power generation sources. At best, new power plants were expected to go online in 2021-2022, that is before the lockdowns happened......»»

Category: newsSource:  thestandardRelated NewsJun 8th, 2020

Golf makes a conservative return with an eye on the long run

By DOUG FERGUSON AP Golf Writer PGA Tour Commissioner Jay Monahan went from wondering if any golf would be played this year to a schedule that resumes next week with a calendar filled through Thanksgiving. What hasn't changed is his belief that the worst of the COVID-19 pandemic isn't over just because golf is back. “I don't think it's over," Monahan said Friday in a telephone interview. “I'm really confident in the plan. But you spend a lot of your time, given the uncertainty, thinking through scenarios that could play out. That's what we'll continue to do. We won't be comfortable until we're told we can be comfortable. That will be when we have a vaccine and there's no risk.” Golf is the second major sports league to return behind NASCAR, which began racing three weeks ago and ran nine national series races in a span of 14 days. The Charles Schwab Challenge next week in Fort Worth, Texas, has one of the strongest fields in Colonial's rich history, starting with the top five players from the world ranking. There will be no spectators for at least a month, even though Texas Gov. Greg Abbott this week moved the state to Phase III in the recovery that allows outdoor events at 50% capacity. “We've developed a safety plan that doesn't include spectators. That's what we stand by,” Monahan said. “We want to have a sustained return. If you think about a run to go through the FedEx Cup, we want to make sure week to week we're not taking on unnecessary risk.” Monahan said he is “not the arbiter of confidence,” rather it comes from guidance of health experts at all levels and a plan that involves testing players, caddies and essential personnel as much as twice a week — trying to create a bubble for the traveling circus that is golf. Players were mailed a test kit and were recommended to use it before they travel. They will be tested when they arrive at tournaments and before they leave if they're on charter flights the tour has arranged, and then the process is repeated at the next tournament. Thermal readings and health surveys are required daily, along with sanitizing and social distancing. “It's the only manner we could return,” he said. The tour added another layer this week in a deal with South Dakota-based Sanford Health to have mobile labs at every tournament, with capacity to get results in a matter of hours without taking away resources from the markets where they play. Monahan said CBS Sports is creating its own bubble for the telecast, with Jim Nantz the only person in the booth and other analysts working remotely. Ninety days will have passed from the opening round of The Players Championship, which was canceled the next day, until the first tee shot at Colonial. “We all went home dealing with the same questions,” he said. “How do I get a complete understanding of where we are with the virus and all the elements? How do we recognize that we're turning off (canceling) 11 events? How do you think about resumption and at the same time develop a safety and testing program, not our area of expertise?" The reset began with the majors picking new dates — the British Open was canceled — with the PGA Championship in San Francisco moving to Aug. 6-9, the U.S. Open in New York on Sept. 17-20, and the Masters on Nov. 12-15. “At that time it was very unclear where we would be with safety and testing,” Monahan said. “It could have been earlier than we are, it could have been through points of next year. Information was changing by the minute.” Now that golf is returning, Monahan couldn't predict when spectators would return. He said the tour has worked with tournaments the last several years on building a reserve fund for a crisis such as this. “If you’re not selling tickets, and there’s not hospitality, you don’t have the pro-am experience or the honorary observer program for the sponsor ... that’s a significant financial impact on those tournaments, and the impact on the way tournaments connect with their communities,” he said. Tournaments and their title sponsors still have managed to raise money for their local charities. The Zurich Classic matched last year's donation of $1.5 million to a children's services foundation. The John Deere Classic expects $10 million in donations, even though it canceled its July event. The pandemic is not the only talking point as golf tries to get back on track. The tour on Friday posted Monahan's letter to staff and players on the nation's civil unrest, which the AP first reported on Tuesday. He had a 10-minute video conversation with Harold Varner III, one of three PGA Tour members of black heritage, who wrote passionately on social media on George Floyd, killed when a white police officer held a knee to the back of Floyd's neck while the black man was handcuffed. The conversation was scheduled before the protests began, and Varner was chosen because he's on the Player Advisory Council and golf was ready to resume. “We'll be talking about COVID and civil and social unrest for some time,” Monahan said. “Next week will not be an exception on that front.”.....»»

Category: sportsSource:  abscbnRelated NewsJun 6th, 2020

German consumer confidence improves slightly after virus shock

German consumer confidence recovered some of the ground lost due the coronavirus shock but it remains deep in negative territory as Europe's top economy faces a slow recovery, a survey showed Tuesday......»»

Category: financeSource:  thestandardRelated NewsMay 26th, 2020

Building the ideal UAAP baller for modern times

There is no perfect player. Each and every one who sees action in the UAAP Men's Basketball Tournament is an unfinished product who needs to realize there remain many, many holes in his game. Improvement and rounding out one's game is a constant for all these talented youngsters. But if we were given a chance to build the ideal baller for modern times, how would he turn out? Well, this is our take on all the physical attributes and skills that he should have: L-JAY GONZALES's vision Far Eastern University's floor leader is a pass-first point guard. L-Jay Gonzales has been a playmaker through and through and has the skill to set up his teammates for the right play. In UAAP 82, he was the league-leader in assists with 4.3 per game and was the engine that drove the young Tamaraws to a pleasant surprise of a playoff berth. CJ CANSINO's nose for the ball CJ Cansino seems to have a knack for being at the right place, at the right time. Whether it be a defensive or offensive rebound, University of Sto. Tomas' do-it-all guard has long had positioning down pat. Because of that, he has, time and again, gotten boards away from bigger opponents as evidenced by his 5.2 rebounds a game - with 1.7 coming from the offensive glass. MIKE NIETO'S voice Born leader is the forever descriptor for Mike Nieto. A co-captain in his third year and skipper in his last two seasons in Ateneo de Manila University, "Big Mike" knows how to take charge all over the court - be it inside huddles or in-game. While he would not be the first to take charge in terms of scoring, it is him who is, without a doubt, the first to make sure the Blue Eagles are in position to make something happen. REY SUERTE's veteran smarts Showcasing his skills for University of the Visayas in CESAFI before moving to Manila, Rey Suerte has seen it all. And that experience proved key as he led University of the East to a respectable showing despite a 4-10 standing. At the end of it all, Suerte's most memorable moment in his one-and-done year is a game-winning dagger straight through the heart of De La Salle University - a play he was able to make thanks to cool, calm, and collected moves that had him inbounding the ball, getting it back, and then firing a cold-blooded triple over the outstretched arms of 6-foot-2 Kurt Lojera. SOULEMANE CHABI YO's size The UAAP 81 Season MVP has the build to be able to take a beating - and he has all of it in a compact 6-foot-6 frame that could viably be put in all five positions. We could go with Ange Kouame's blend of height and length, of course, but that would not necessarily be the perfect fit for the ideal player for the modern times we're building. Position-less basketball is all the rave nowadays and Soulemane Chabi Yo's size is the perfect fit for just that. RHENZ ABANDO's length Limbs for days has been Rhenz Abando's calling card and thanks to those, he now has quite the trademark after just his first year - chasedown blocks. With his long legs never letting him get too far left behind and his long arms granting him greater reach than normal, UST's two-way force is as devastating a rim protector with a 1.3-block average as he is a determined defender. Then at the other end, those same long limbs allow him to launch his long-range missiles from a high point that not many opponents could even contest. ALJUN MELECIO's hands Jerrick Ahanmisi of Adamson University remains the best shooter in the league, but he is more of a catch-and-shoot player compared to De La Salle University's scoring guard who has both the ballhandling and the range to get any shot he wants from anywhere he wants. Aljun Melecio has long been compared to Stephen Curry and that's with good reason as he is a threat from the moment he steps over to their side of the court - as anybody could see in his conversion clip of 32.5 percent from behind the arc. And even when he ventures into the paint, he has the confidence and capability for fine finishes at the rim. KOBE PARAS's legs We could go with Thirdy Ravena from Ateneo here, but the University of the Philippines' shining star just seems to have a bit more explosion in his hops. Of course, Kobe Paras was once known as just a high-flyer and has now rounded out his game. Still, high-flyer, he remains, for sure. MARK NONOY's feet Speed kills and in UST's run-and-gun system, the turbo is always on for their lead guard. In all of the league, perhaps only FEU's Gonzales could come close to Mark Nonoy. And not only is he deadly on the open court, he also has an explosive first step that could leave an opponent in the dust even in the face of a set defense. Taking all of these together, doesn't it look like.. Thirdy Ravena comes close? No? Yes? Well, we would never know for sure. What we do know is we would love to hear your take on this: what is your ideal baller for modern times? --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsMay 22nd, 2020

How i-Shine Talent Camp paved the way for Yessha dela Calzada& rsquo;s success

Growing self-confidence, building self-discipline, and learning the art of collaboration are some of the gifts that young singing prodigy Yessha dela Calzada was able to unlock during her stint at the PROMIL FOUR i-Shine Talent Camp. .....»»

Category: entertainmentSource:  thestandardRelated NewsMay 21st, 2020

Woman of substance

She is an entrepreneur-philanthropist who believes pageants have their role in advancing advocacies, as well as building self-confidence and leadership. A titleholder herself, she has proven to be a good role model for other Filipinas. “The frontline personnel are a special group of people…Their heroism [humbles] me. I wish I could have done more for […].....»»

Category: newsSource:  manilatimes_netRelated NewsMay 10th, 2020

Salceda pushes economic stimulus proposal

House Economic Stimulus Response Package Cluster co-chair Rep. Joey Sarte Salceda (Albay, 2nd District) has unveiled a strategy for a strong “structural response and economic reforms to shape the country’s socio-economic prospects” and keep consumer, labor and business confidence up under the threat of the Covid-19 pandemic.   .....»»

Category: financeSource:  thestandardRelated NewsMay 1st, 2020

Dad-to-be Phil Younghusband switches focus from football to fatherhood

Since officially hanging up his football spikes back in November of 2019, Filipino football star Phil Younghusband has been pretty much focused on building a family. Reconnecting with former long-time Philippine Men’s National Football Team teammate Neil Etheridge on Etheridge’s Isolation Catch-Up show on Instagram Live, Younghusband talked about how married life has been. Younghusband married Margaret Hall back in July of 2019, and the two recently just moved in to a new house in Cardiff, Wales, United Kingdom.         View this post on Instagram                   Thank you to everyone that shared our special day with us. We are overwhelmed by all the incredibly kind and touching messages that we have received. We would like to thank all of our family and friends most sincerely for all their love, support and guidance during our engagement. To all of our wedding suppliers, we cannot thank you enough for all you did and all the help you gave. Our wedding day was magical and it felt like a true fairytale. We are looking forward to our future together. With all our love, Mags and Phil. ??????20.07.19 #Marriage #Husband #Wife #Love #Happiness #Family #Friends #Magical #Fairytale #Dreamy #Enchanting #Wedding #HappilyEverAfter A post shared by Phil Younghusband (@philyounghusband10) on Jul 23, 2019 at 3:53am PDT “Married life is…I feel I have more confidence,” shared Younghusband. “I feel I’m never alone, I’ve always got someone there to support me and be there by my side. It’s been great so far, I love it, I’ve really enjoyed it.” After two years of dating, Younghusband proposed to Hall in December of 2017. “Married life has been amazing, I’m so proud to introduce Mags as Mrs. Younghusband, when I’m filling out forms, when she’s filling out forms, to see her write ‘Margaret Younghusband’, I feel really proud with every little thing we do. We just moved to England and we’ve got a place together for the first time here in England, as a married couple, so I think just everything we do, I feel just a little bit more proud, I have a little bit more confidence, it’s an amazing feeling,” Younghusband continued. While Younghusband ended the chapter of his life as a football player, the Azkals’ top goalscorer and record holder in matches played is now preparing for a brand new chapter of his life: fatherhood. Phil and Margaret are expecting their first child, a baby boy, later this year.         View this post on Instagram                   @magshall_ and I are excited to let everyone know that we are expecting a new addition to the Younghusband family in the Summer of 2020 ???????????? Mags has just entered her 2nd trimester and so far, she is doing really well ???? It has been our dream to be parents for a long time now and for our wishes to come true, we feel truly blessed by the Lord ???????? We hope to be half as good as parents as our Mother’s and Father’s have been to us and those parents we have surrounded ourselves with. Thank you to everyone for the support and we would like to wish you all a very Merry Christmas filled with love and happiness ?????? Thank you to @niceprintphoto for capturing our special moments and @lindsaycoalog for the makeup ???????? #Love #Happiness #Husband #Wife #Blessings #Pregnancy #BabyYounghusband #Joy #Family #Christmas #Thankful #TheYounghusbands #Philippines #Manila #England #Kent A post shared by Phil Younghusband (@philyounghusband10) on Dec 22, 2019 at 12:43am PST “When we found out Mags was pregnant - we took three tests - and when we found out, it was very emotional. We cried a little, and, it’s hard to put into words,” Younghusband shared. “For me, on a personal level, 2019 was an incredible year. Not so much, professional, but personally, it was a fantastic year. I can’t put into words when we found out that Mags was pregnant. I think it was the most amazing blessing, that you can create a life.” Younghusband talked about being able to finally become a role model for his son after he himself had looked up to a number of role models when he was younger. “For me, it’s a dream. I mentioned it on a post before, you surround yourself with role models and father figures all the time…and to know that you’re going to be in the same position, you look up to them and try to think about their strengths as fathers, to know that I’ll be in the same position and have to feel the same emotions that my father did about myself and James and Keri, it’s incredible, it’s very exciting, I can’t wait.” “It’s an incredible feeling to know that you created this life,” he added. With Younghusband being the undeniable face of Philippine football for more or less a decade, the immediate expectation for his son would be to follow in his footsteps. Younghusband says that he’ll support his son in whatever he wants to do, but given how popular football is in the UK, there’s no doubt that he gets exposed to “the beautiful game.” “You how it is when you grow up in England, we’ve got football everywhere, so I’m sure he’ll be exposed to it. I’ll support him in whatever,” Younghusband said. So does this mean that Filipino football fans can look forward to another generation of Younghusband excellence? “Obviously, we’ll expose him to all kinds of sports, our priority is to make sure that they’re active, but I think, with the amount of football you’re exposed to in this country, it’s inevitable,” Younghusband concluded. While Phil has said goodbye to his days as a football player, the Filipino-British striker believes that he still has a lot to do in Philippine football, and would even be open to joining the Azkals coaching staff if the opportunity presents itself. .....»»

Category: sportsSource:  abscbnRelated NewsApr 21st, 2020

Consumer sentiment down in Q1

Higher consumer prices, as well as natural and health disasters, resulted in less optimistic consumer sentiment in the first quarter of 2020, a Bangko Sentral ng Pilipinas (BSP) survey revealed. Results of the central bank’s Consumer Expectations Survey put the January-to-March confidence index (CI) — computed as the percentage of companies that answered in the […].....»»

Category: newsSource:  manilatimes_netRelated NewsApr 17th, 2020

Young golfers raring to get back to the swing of things

Ira Alido and Keanu Jahns, two of the pro golf circuit’s emerging stars, can’t seem to wait for things to normalize, honing their skills and building up some kind of confidence during the long break......»»

Category: sportsSource:  philstarRelated NewsApr 15th, 2020

Duterte’s key to recovery

President Duterte on Tuesday asked Congress to craft an Economic Recovery Bill (ERB) as part of confidence building measures to reignite an economy forecast this year to grow close to zero or even contract in terms of the gross domestic product (GDP). The President bared the request in a late Monday night report to the […] The post Duterte’s key to recovery appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsApr 14th, 2020

BEST-OF-5 SERIES: The Pingoy Rules Part 5

In case you missed it: BEST-OF-5 SERIES: The Pingoy Rules Part 1 BEST-OF-5 SERIES: The Pingoy Rules Part 2 BEST-OF-5 SERIES: The Pingoy Rules Part 3 BEST-OF-5 SERIES: The Pingoy Rules Part 4 --- Pingoy Rule: Never lose hope. --- For the second time in two years, Jerie Pingoy had to have surgery done on his left foot. In November 2017, he injured his left foot in the final frame of the last game of the elimination round of the UAAP. In December 2017, the 5-foot-11 guard went to Pampanga to rid his left foot of bone spurs. Fast forward to June 2019 and his left foot was yet to be fully healed. A failed surgery as well as playing through pain worsened the bone spurs that had long been building up in Pingoy's left foot and he had no other choice but to go to famed sports doctor Raul Canlas. "Nung pinatingin namin kay Doc Canlas, sabi niya, bakit daw hindi inoperahan yung mismong may bone spurs," he shared in a phone interview. "Ako, wala naman akong kaalam-alam. Eh tapos na yun, wala na akong magagawa. Alangan namang habulin ko pa yung doktor dati." As the now-25-year-old was no longer with Adamson University, he had to pay for the new surgery out of his own pocket. Fortunately, he had his girlfriend not only to help him raise funds, but also to find a way to decrease the amount. "Yung girlfriend ko, nagwo-work sa Maxicare (a health maintenance organization) so yun, nag-apply kami ng health card. Buti naman, na-approve," he said. With that, Pingoy went under the knife for the second time in two years. And, as it turns out, it was an outpatient operation. "Ang kasama ko lang nun, girlfriend ko. Pasok kami Sunday, labas ng Monday kasi wala naman kaming ipon e. Binayad na namin lahat ng meron kami sa opera," he said. The good news is that at long last, his left foot is all well and good. As he put it, "At least, ngayon, okay na okay na." NOT ALONE That’s just one of the reasons why Pingoy believes he already has his life partner beside him. Talking about girlfriend Dixie Soberano, he said, full of love, "Through all the darkness na nangyari sa akin, she stayed with me. Alam niya kung gaano ka-struggle yung nangyari sa akin, pero nag-stay siya." He then continued, "Sobrang nagpapasalamat ako sa kanya kasi nandito siya, 'di niya ako iniwan. Siya pa nga laging nagpapaalala sa aking magpakundisyon ka, magpapayat ka para sa future natin." Not only that, Soberano was also how Pingoy received the biggest blessings in his life. In one-year-and-three-month-old Kaeden Jared and two-month-old Jaeden Keith, the Cebuano has even more will to go on and prove that his career is far from finished. "Sila yung nagbibigay ng inspirasyon sa akin. Ang practice namin sa CEU, alas sais ng umaga, pero gumigising ako ng alas kwatro kasi iniisip ko, para sa anak ko 'to, para sa kinabukasan nila 'to," he said. He leaves home motivated - and comes home even more motivated as he has a brand new dream to go alongside the one of him playing in the PBA. "Every time umuuwi ako, naiisip kong sana soon, yayaman ako at pag-uwi ko, sasabihan ko mga anak kong, 'Magbihis kayo, kakain tayo sa labas,'" he said. He then continued, "Tapos makikita ko kung gaano sila ka-excited. Talagang nagbago na buhay ko dahil sa kanila." NOT THE END Before COVID-19 shut down anything and everything, Pingoy looked like he was doing all in his power to put his career back on track. Just a month after Karate Kid-CEU took a chance on him, he proved diligent and disciplined in his extra work and trimmed down from 250 lbs. to just 197 lbs. Of course, having a life partner and two children, as well as his parents, relying on him is more than enough fuel to the fire. "Mahirap walang income eh. Nung isang taong nawala ako, as in walang income talaga eh kaya ngayon, kailangang magtulungan kami as a family," he said. Fortunately, the Scorpions have Pingoy's back as he claws and climbs the mountain once more. "Everybody deserves a second chance eh. Sakto kailangan ko rin ng point guard na leader para ma-guide yung mga bata namin," head coach Jeff Napa said. And there remains more than a few who have not lost faith. "If Koko can be given a chance and the confidence, he can still realize the potential that he has," Bo Perasol, the head coach who recruited and then mentored him in Ateneo de Manila University, said. In Napa, team manager Johnny Yap, and all of Karate Kid-CEU, Pingoy has another shot - as long as he keeps at it. "Maganda pa rin naman ang future ng batang yan basta mag-work hard lang siya nang todo at bumalik yung game shape niya. Yung talent at basketball sense kasi, meron na siya e," his new mentor said. FORGET-ME-NOT However, it is yet to be determined when the 2020 PBA D-League Aspirants Cup would resume action - or if it would even resume action. With COVID-19 posing more questions than answers, hope is all that Pingoy has for his career that has seen more starts and stops than rush hour traffic in EDSA. Still, hope is what he has been holding to all throughout - and is the reason he still stands even after having seen half of his collegiate career go to waste because of residency. Back-to-back MVP seasons in the UAAP Jrs. were followed by two years in a row of residency. A rookie year in Ateneo was followed by another season on the sidelines after transferring to Adamson. Two years as a Soaring Falcon were followed by a year out of the grid. Now, Jerie Pingoy, once thought to be special, just wants to have a shot at normal. This, even though what he has been through in his young life is already ripe for the pickings for a TV drama. "Sa lahat ng nangyari, parang gusto ko na ngang magpa-MMK e," he kidded. And who, if ever, would portray him on Maalala Mo Kaya? The answer to that is pretty clear in his eyes. "Si Gerald Anderson. Sakto pareho kaming Bisaya, pareho kaming gwapo." Without a doubt, after all that happened to him, the sense of humor is still there with Jerie Pingoy. Hopefully, the game that once made him a promising prospect is still there too. --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsApr 12th, 2020

NEDA prepares recovery plan to avoid prolonged economic recession

The National Economic and Development Authority said it is preparing a recovery plan to rebuild business and consumer confidence to avoid a prolonged economic recession as the “Bayanihan to Heal as One” Act is expected to expedite the implementation of measures to address the COVID-19 pandemic......»»

Category: financeSource:  thestandardRelated NewsMar 29th, 2020

Menardo Jimenez & Carmen Jimenez-Ong: Building confidence together

From a distance, the 32-story Menarco Tower on 32nd St. in BGC looks like any other modern-day office tower: streamlined yet imposing, nondescript but teeming with quiet dignity......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2020

ONE eSports announces inaugural Mobile Legends: Bang Bang event

Singapore - ONE Esports, a subsidiary of  ONE Championship™ (ONE), the largest global sports media property in Asian history, announced today the inaugural ONE Esports Mobile Legends: Bang Bang Invitational, which will take place from 2 May to 5 July. Top players and teams from all over the world will compete for a total prize pool of US $150,000. Mobile Legends: Bang Bang (MLBB) is a Multiplayer Online Battle Arena (MOBA) game for mobile phones and tablets. The game launched in mid-2016 for Android and iOS and is the most popular mobile Multiplayer Online Battle Arena (MOBA) game in the world (outside of China) with over 500 million installs and 80 million Monthly Active Users. It is a MOBA played in Southeast Asia, Europe, North America, Middle East, and India. In total, Mobile Legends: Bang Bang has reached 139 countries and regions, has been localized in 25 languages and operates on over 1,200 servers to ensure the game runs smoothly. MLBB is also the first title announced as a medal game at the 2019 Southeast Asian Games’ inaugural esports event. The ONE Esports Mobile Legends: Bang Bang Invitational will bring together the world’s best MLBB players and teams. It will be the first of two Mobile Legends: Bang Bang competition series promoted jointly with MLBB developer Moonton. The competitions will develop the best MLBB teams, share and celebrate the stories of esports heroes, and inspire MLBB fans all around the world. Country online qualifiers will be held from 2 May to 17 May, and the Main Event will take place from 1 July to 5 July. The schedule is as follows: 2-3 May - Indonesia, Singapore 9-10 May - Philippines, Malaysia 16-17 May - Thailand and Laos (Combined), Myanmar 1-5 July - ONE Esports Mobile Legends: Bang Bang Invitational Overall winners of the competition will take home a total of US $50,000, followed by US $25,000 for 2nd place, US $20,000 for 3rd place, and US $15,000 for 4th place. 5th and 6th place get US $8,000 each, 7th and 8th place get US $6,000 each, 9th and 10th place get US $4,000 each, and 11th and 12th place get US $2,000 each. More information on the event can be found at this link: oneesports.gg/ONE-MLI Carlos Alimurung, CEO of ONE Esports, stated: “ONE Esports is proud to partner with Moonton to deliver the ONE Esports Mobile Legends: Bang Bang Invitational Series. Southeast Asia is at the vanguard of mobile esports, and Mobile Legends: Bang Bang has nurtured and grown one of the healthiest esports communities in the world. We will not only provide the community with opportunities to compete against the best Mobile Legends: Bang Bang teams, but also execute a world-class competition series that engages and wows esports fans.” Lucas Mao, Director of Operations of Moonton, stated: “Over at Moonton, we are really excited about this collaboration with ONE Esports. Their track record in producing story-driven sports production gives us the confidence to go into a longer collaboration where we will feature not one but two regional invitational tournaments in 2020. We wholly believe that this partnership with ONE Esports will further expedite our long term goal of building a sustainable and dynamic esports ecosystem.” For more updates on ONE Esports, please visit oneesports.gg, follow us on Instagram @oneesportsgg and like us on Facebook at facebook.com/oneesports. For more updates on ONE Championship, please visit onefc.com, follow us on Twitter and Instagram @ONEChampionship, and like us on Facebook at facebook.com/ONEChampionship. For more updates on Mobile Legends: Bang Bang, check out @mobilelegendsgame on Instagram, Facebook at: bit.ly/2wrUDU5, and YouTube at: bit.ly/2HBeG50......»»

Category: sportsSource:  abscbnRelated NewsFeb 27th, 2020